Assistant Manager- Accounts Payable

Company Description

Fairmont is a collection of luxury hotels and resorts worldwide, each distinguished by its luxury, elegance and residential charm. Fairmont Hotels & Resorts are one-of-a-kind properties, each one a landmark in its respective city, positioned at the top of its local market and rated among the very best in the world.

Job Description

Fairmont Jaipur is seeking an experienced and detail-oriented Account Payable Manager to join our finance team in jaipur,India. In this role, you will oversee all accounts payable operations, ensuring accurate and timely processing of invoices while maintaining strong vendor relationships. You will play a critical role in supporting the financial health and operational efficiency of our luxury hospitality properties through meticulous financial management and process optimization.

• Manage and oversee all accounts payable functions, including invoice receipt, verification, processing, and payment
• Reconcile vendor statements and resolve discrepancies in a timely and professional manner
• Maintain accurate records of all payable transactions and ensure compliance with company policies and Saudi Arabia financial regulations
• Process invoices and payments efficiently while adhering to approval workflows and authorization limits
• Develop and implement accounts payable procedures and best practices to enhance operational efficiency
• Analyze and monitor accounts payable aging reports to optimize cash flow management
• Coordinate with vendors to address billing inquiries, resolve disputes, and negotiate payment terms
• Prepare accurate and detailed financial reports and reconciliations for management review
• Train and supervise accounts payable staff, providing guidance on processes and compliance requirements
• Utilize accounting software and ERP systems to maintain organized and accessible financial records
• Ensure all transactions comply with company policies, internal controls, and applicable regulations
• Collaborate with other departments to support the overall financial objectives of the organization